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In this video tutorial, the presenter demonstrates how to fill out a Form 1099 Miscellaneous for reporting non-employee compensation if you've hired contract work for your business. Viewers are advised to order the official forms from the IRS, as they come with a booklet of instructions. The forms, designed for multiple submissions, are stacked for easier processing, allowing the ink to transfer through the layers. The video will simplify the process by using a printed version on regular paper, even though the official forms are recommended for actual filing. The presenter begins to fill out the form step-by-step.
